The JPY/USD currency pair represents the exchange rate between the Japanese Yen (JPY) and the US Dollar (USD). It indicates how many US Dollars one Japanese Yen can purchase. In the foreign exchange (forex) market, this pair is especially...
If you are starting your Forex trading journey, you’ll often hear three important termsips, Lots, and Leverage. Understanding these basics is crucial because they control how much you can earn — or lose — in a trade. Let’s go over each of them in a...
Forecast of USDCHF The last few trading days' price activity on the daily time frame chart was in the range zone. When the price hit the oversold level, it carried out these range movements in order to correct the price. Monday of this week saw the...
Good afternoon, This week, the market experienced early downward correction sentiment which initially cast a shadow over the market. However, looking ahead to the next week, we may observe ongoing attempts at correction, even though the overall...
The EUR/NZD currency pair is currently trading with a bid of around 1.8982 and an ask of approximately 1.9006. Over the recent week, the pair has seen a low near 1.8988 and a high close to 1.9000, indicating a tight range. Historically, EUR/NZD has...